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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Interest Income        
Loans $ 72,242 $ 65,903 $ 214,808 $ 198,448
Taxable securities 7,472 8,545 22,258 21,679
Tax-exempt securities 2,920 2,624 8,972 7,913
Deposits in banks 31 61 84 105
Total interest income 82,665 77,133 246,122 228,145
Interest Expense        
Deposits 756 713 2,244 2,194
Federal Home Loan Bank advances 78 80 391 309
Other borrowings 137 120 419 358
Total interest expense 971 913 3,054 2,861
Net Interest Income 81,694 76,220 243,068 225,284
Provision for loan and lease losses 2,831 980 6,242 5,019
Net interest income after provision for loan and lease losses 78,863 75,240 236,826 220,265
Noninterest Income        
Service charges and other fees 15,893 14,254 46,636 40,980
Merchant services fees 2,422 2,104 6,802 6,014
Investment securities gains, net 236 33 1,300 552
Bank owned life insurance 1,086 956 3,370 2,897
Change in FDIC loss-sharing asset (1,635) (4,816) (2,979) (14,685)
Other 4,497 3,399 11,599 8,807
Total noninterest income 22,499 15,930 66,728 44,565
Noninterest Expense        
Compensation and employee benefits 35,175 32,559 112,721 94,961
Occupancy 8,101 7,445 24,781 24,276
Merchant processing 1,090 1,080 3,146 3,058
Advertising and promotion 1,354 1,027 3,480 2,746
Data processing and communications 3,796 4,269 13,022 11,469
Legal and professional fees 2,173 2,905 7,527 7,377
Taxes, licenses and fees 1,344 1,156 4,003 3,387
Regulatory premiums 1,084 1,195 3,626 3,444
Net cost (benefit) of operation of other real estate owned 240 (1,256) (1,569) (1,207)
Amortization of intangibles 1,695 1,456 5,230 4,516
Other 8,015 8,146 23,305 21,105
Total noninterest expense 64,067 59,982 199,272 175,132
Income before income taxes 37,295 31,188 104,282 89,698
Income tax provision 11,515 9,605 32,195 27,044
Net Income $ 25,780 $ 21,583 $ 72,087 $ 62,654
Earnings per common share        
Basic ($ per share) $ 0.45 $ 0.41 $ 1.25 $ 1.20
Diluted ($ per share) 0.45 0.41 1.25 1.18
Dividends paid per common share $ 0.34 $ 0.28 $ 0.98 $ 0.64
Weighted average number of common shares outstanding 57,051 52,112 57,007 51,772
Weighted average number of diluted common shares outstanding 57,064 52,516 57,021 52,479